5.22 Morning Bitcoin Market Analysis

Yesterday evening, the rebound came as expected, following the trend after Dodo took the lead.
However, in the early hours of today, the price did not continue the volume-driven rebound, but instead faced resistance at the 78,000 level and pulled back.
Although the pullback did not break below 77,000, the subsequent rebound was limited, mainly consolidating around 77,500.
The situation with the mistress is similar; the 2,150 level above couldn't stabilize, but the 2,120-2,110 zone below also didn't break.
Don't rush in recklessly just because you're afraid of missing out.
A truly good opportunity won't open its door for just a minute.
Be patient; it will wait until you're ready.
If you're in a hurry, it won't be in a hurry.

After the previous decline, although the rebound strength has increased, it is still just a technical correction and hasn't fully reversed the overall trend.
On the 4-hour chart of Bitcoin, the candlesticks surged near the key level of 78,000 and are oscillating at a relatively high level.
Currently, the overall volatility isn't large; it's just that the struggle for dominance between Dodo and Kong is quite intense.
Dodo continues to release momentum; observe whether Bitcoin's candlestick can stabilize around 77,000 today, and any upward breakthrough will require volume support.
In short, the current market is characterized by limited upward movement, shallow declines, and a frustrating continuation.

Bitcoin's support at 77,000 remains stable, with a tentative break above 78,000, and a volume-driven breakthrough could extend above 78,500;
The mistress is looking at around 2,120 for a light rebound, targeting a breakthrough at 2,160. #HYPE再度领涨 $BTC $ETH